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General

Tiscali posts EUR 16 mln loss in H1, revenues up to EUR 72.5 mln

Wednesday 30 September 2020 | 10:47 CET | News
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Italian operator Tiscali reported revenues of EUR 72.5 million in the first half of 2020, up 3.3 percent on the year-earlier result of EUR 70.2 million thanks above all to a EUR 1.6 million year on year rise in mobile revenues. However, the company's EBITDA fell to EUR 7.3 million in the January to June period compared to EUR 14.9 million in H1 2019, with Tiscali posting a net loss of EUR 16.4 million compared to a EUR 3.7 million net loss in the year-earlier period. The operator did manage to cut its net debt to EUR 75 million at the end of June compared to EUR 87.8 million at the beginning

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Categories: General
Companies: Tiscali
Countries: Italy
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